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Top Federal Reserve official defends central bank’s independence in wake of Trump win

  • A Federal Reserve official defended the central bank's independence after Donald Trump's re-election, emphasizing its importance for economic outcomes.
  • Adriana Kugler stated that central bank independence is linked to lower inflation and greater credibility.
  • Fed Chair Jerome Powell denied Trump's authority to fire him and stated he wouldn't resign if asked.
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  • 89% of the sources are Center
89% Center
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